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How to calculate the cost per servable pound of a food product?
Wiki User
∙ 11y ago
Cost per pound divided by edible portion in percent = cost per pound of edible portion
example: a crown roast cost $9 per pound, the edible portion is 60%.
$9/.60 = $15 per edible pound
Wiki User
∙ 11y ago
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What is the value of a product?
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Choose the best answer 1 The first thing which needs to be done in cost accounting is to A Make profit B Calculate selling price C Determine cost of making a product?
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